On the 12th of Japan time, major index provider MSCI announced the results of its November periodic review, deciding to exclude Strategy, a major holder of cryptocurrency Bitcoin (BTC), from the global indices (GIMI), including the MSCI USA Index. The exclusion will take effect at the close of trading on November 30.
Earlier in January this year, MSCI proposed excluding companies holding more than 50% of their total assets in cryptocurrencies from indices by 2025, with a review in February...
